The much-anticipated Capital Mall mega-development has been given the green-light. The mall is planned to open in Pretoria during the second half of 2021.
The Pretoria West development is estimated to cost around R1.2 billion. In addition, the new will create more than 3 000 jobs in the area.
It will provide the focal point of the proposed ‘Capital City’, made up of approximately R5 billion of planned mixed-use developments. The developments form part of Gauteng’s R100 billion plan to build 30 new cities.
Easily accessible from main roads
The development node will take advantage of direct access from the highway, which has already been approved from the N4 highway as well as WF Nkomo street.
A 150-bed private hospital, retail centre and motor dealership are planned for the area, in addition to affordable housing, student housing, schools and community facilities.
Capital Mall: Permission granted to proceed
There was an appeal before the Tshwane Municipal Appeals Tribunal in April, to halt the development. That has subsequently been overturned, clearing the path for the development to commence.
The development of the mall will be phased. The first phase to be completed in 2021 will include 60 000 square metres. The design will enable the developers to easily add another 40 000 square metres in time.
Over and above this, the developers of Capital Mall have also received permission to proceed with the development of Jean Junction off Jean Avenue off-ramp on the M1/N14.
The development is part of the group’s vision to create the greenest office precinct in the country.